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		<title>AI is believed threat for some jobs, AI/Ml Jobs Rise 38 Percent in Q1, Nvidia, Google</title>
		<link>https://fastnewsglobe.com/ai-is-believed-threat-for-some-jobs-ai-ml-jobs-rise-38-percent-in-q1-nvidia-google/</link>
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		<pubDate>Fri, 18 Jul 2025 16:34:59 +0000</pubDate>
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					<description><![CDATA[<p>In the last few years, the use of Artificial Intelligence (AI) has increased in many...</p>
<p>The post <a href="https://fastnewsglobe.com/ai-is-believed-threat-for-some-jobs-ai-ml-jobs-rise-38-percent-in-q1-nvidia-google/">AI is believed threat for some jobs, AI/Ml Jobs Rise 38 Percent in Q1, Nvidia, Google</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
]]></description>
										<content:encoded><![CDATA[<p></p>
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<div class="content_text row description">In the last few years, the use of Artificial Intelligence (AI) has increased in many sectors. However, there are also apprehensions about a large number of employment decrease in some industries from AI. Along with this, the number of jobs related to AI and machine learning (ML) is increasing. </p>
<p>A media<a class="sp_lnk2" href="https://indianexpress.com/article/technology/artificial-intelligence/ai-impact-jobs-overblown-key-highlights-naukri-report-10132273/" rel="nofollow noopener" target="_blank"> Report</a> A report by Naukri, which included the country&#8217;s major employee websites, has been quoted as saying that in the first quarter of the current financial year, AI-related jobs have increased by 38 percent on a year-old basis. Naukri has been posted on Naukri between April and June, more than 35,000 AI and machine learning jobs have been posted. Non-AI Tech Jobs has increased by about eight percent during this period. A large part of AI&#8217;s jobs (53 percent) was in the AI sector. After this, these jobs have increased by 48 percent in the banking sector. These jobs have increased by 39 percent in IT enabled services and BPO sectors. </p>
<p>This report titled &#8216;AI: Friend, Foe or Frenemy&#8217; has collected information on the basis of candidates searching more than 60,000 jobs, thousands of job listings and recruiter survey. The tech industry is also divided over the impact on AI&#8217;s employment. In this regard, CEO of AI Safety and Research firm Anthropic, Dario Amodei says that by 2030, about 50 percent white-collar and entry level jobs will disappear. However, CEO of Nvidia, Jensen Huang argues that the situation of these jobs will change but it will not end completely. </p>
<p>Alphabet&#8217;s CEO, Sundar Pichai recently said that AI could not replace workers despite increasing the use of AI. Pichai had reported that AI acts as an accelerator instead of Human talent options. This makes it easier for the company to take advantage of more occasions in the emerging area of technology. Pichai had said, &#8220;I hope our existing engineering base will be extended by next year.&#8221; Their attitude is different from companies that sees AI as a means of reducing the cost. <!--

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<p><a href="https://hindi.gadgets360.com/internet/ai-is-becoming-threat-for-some-jobs-ai-ml-jobs-rise-38-percent-in-q1-nvidia-google-news-8903250" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://fastnewsglobe.com/ai-is-believed-threat-for-some-jobs-ai-ml-jobs-rise-38-percent-in-q1-nvidia-google/">AI is believed threat for some jobs, AI/Ml Jobs Rise 38 Percent in Q1, Nvidia, Google</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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		<title>Pakistan Gets Big Jolt, Microsoft Shut Down Its Office in Country after 25 years, Google, TCS</title>
		<link>https://fastnewsglobe.com/pakistan-gets-big-jolt-microsoft-shut-down-its-office-in-country-after-25-years-google-tcs/</link>
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		<pubDate>Sat, 05 Jul 2025 16:35:27 +0000</pubDate>
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		<guid isPermaLink="false">https://fastnewsglobe.com/pakistan-gets-big-jolt-microsoft-shut-down-its-office-in-country-after-25-years-google-tcs/</guid>

					<description><![CDATA[<p>Microsoft, one of the big technology companies, has stopped its functioning in Pakistan under the...</p>
<p>The post <a href="https://fastnewsglobe.com/pakistan-gets-big-jolt-microsoft-shut-down-its-office-in-country-after-25-years-google-tcs/">Pakistan Gets Big Jolt, Microsoft Shut Down Its Office in Country after 25 years, Google, TCS</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
]]></description>
										<content:encoded><![CDATA[<p></p>
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<div class="content_text row description">Microsoft, one of the big technology companies, has stopped its functioning in Pakistan under the strategy to reduce its international workforce. This is a major setback for Pakistan, which has been facing economic difficulties for the past several years. Earlier, some other international companies have also stopped their business in Pakistan. </p>
<p>Microsoft&#8217;s office was in Pakistan for 25 years. The company has given the reason for the shift on the business restructuring and cloud-based model at the international level behind this decision. Microsoft has decided to reduce its workforce by about four percent. This will affect the company&#8217;s more than 9,000 workers in many countries. Microsoft&#8217;s former Country Manager in Pakistan, Jawwad Rehman, has requested Pakistan&#8217;s government and IT minister to interact with tech companies in a post on professional networking platform Linkedin. He said that Microsoft&#8217;s departure shows the current business atmosphere. Rahman said, &#8220;It is becoming difficult for big international companies like Microsoft.&#8221; </p>
<p>Former Pakistan President, Arif Alvi, has expressed concern over the functioning of Microsoft in a post on social media platform X. &#8220;This is a sign of difficulty for our economic future,&#8221; he said. At the same time, he claimed that Microsoft had once considered expansion in Pakistan but the company had chosen Vietnam due to instability. The company had a Liazen Office in Pakistan and focused on enterprise, education and government clients. </p>
<p>Later last month, the company had around 2,28,000 workers at the international level. It is preparing to remove thousands of these workers. It will have a major impact on divisions like sales and gaming. Microsoft, which created the Windows operating system, had informed about a capital expenditure of about $ 80 billion in FY 2025. However, the cost of increasing infrastructure related to AI is affecting its margin. The company has stated that its plan is to reduce the number of managers and improve its products and procedure. </p>
<p><i>(This news has not been edited by the NDTV team. It has been published directly from the syndicate feed.)</i><!--

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<p>The post <a href="https://fastnewsglobe.com/pakistan-gets-big-jolt-microsoft-shut-down-its-office-in-country-after-25-years-google-tcs/">Pakistan Gets Big Jolt, Microsoft Shut Down Its Office in Country after 25 years, Google, TCS</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">49869</post-id>	</item>
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		<title>Microsoft to Reduce 4 Percent of Staff Due to Heavy Investment in AI, Google, Facebook</title>
		<link>https://fastnewsglobe.com/microsoft-to-reduce-4-percent-of-staff-due-to-heavy-investment-in-ai-google-facebook/</link>
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		<pubDate>Thu, 03 Jul 2025 13:12:12 +0000</pubDate>
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		<guid isPermaLink="false">https://fastnewsglobe.com/microsoft-to-reduce-4-percent-of-staff-due-to-heavy-investment-in-ai-google-facebook/</guid>

					<description><![CDATA[<p>American technology company Microsoft&#8217;s workforce will be reduced by about four percent. The company is...</p>
<p>The post <a href="https://fastnewsglobe.com/microsoft-to-reduce-4-percent-of-staff-due-to-heavy-investment-in-ai-google-facebook/">Microsoft to Reduce 4 Percent of Staff Due to Heavy Investment in AI, Google, Facebook</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
]]></description>
										<content:encoded><![CDATA[<p></p>
<div id="center_content_div">
<div class="content_text row description">American technology company Microsoft&#8217;s workforce will be reduced by about four percent. The company is making heavy investment in Artificial Intelligence (AI). Because of this, the staff is being reduced to reduce the cost. Earlier, Microsoft had trimmed a large number of workers. </p>
<p>A one of reates <a class="sp_lnk2" href="https://www.gadgets360.com/ai/news/microsoft-to-cut-about-4-percent-of-jobs-amid-hefty-ai-bets-8815073" target="_blank" rel="noopener">Report </a>According to, the company had about 2,28,000 workers later last month. It is preparing to remove thousands of these workers. This will have a major impact on divisions like sales and gaming. Microsoft, which created the Windows operating system, had informed about a capital expenditure of about $ 80 billion in FY 2025. However, the cost of increasing infrastructure related to AI is affecting its margin. The company has stated that its plan is to reduce the number of managers and improve its products and procedure. </p>
<p>About 10 percent of the workers are also being removed from a division of Microsoft in Barcelona, ​​Spain. This division makes Candy Crush Video Games. Earlier this year, META, who had anted social media platform Facebook, had said that she had trimmed a large number of workers. Internet search engine Google&#8217;s company Alphabet also reduced its workforce. Google workers had expressed concern about this. The workers of the company started an internal petition titled &#8216;Job Security&#8217;. These workers said that such steps of the company affect their ability to work with good quality and weaken the morale. </p>
<p>Last month, CEO of Alphabet, Sundar Pichai said that the hiring of engineers in the company will continue. He said that despite increasing the use of AI, it cannot replace workers.  Pichai had reported that AI acts as an accelerator instead of Human talent options. This makes it easier for the company to take advantage of more occasions in the emerging area of ​​technology. Pichai had said, &#8220;I hope our existing engineering base will be extended by next year.&#8221; This attitude of Pichai is different from other companies who are looking at AI as a means of reducing the cost. </p>
<p><i>(This news has not been edited by the NDTV team. It has been published directly from the syndicate feed.)</i><!--

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<p>The post <a href="https://fastnewsglobe.com/microsoft-to-reduce-4-percent-of-staff-due-to-heavy-investment-in-ai-google-facebook/">Microsoft to Reduce 4 Percent of Staff Due to Heavy Investment in AI, Google, Facebook</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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		<title>Infosys Gets Big Relief, DGGI Closes Rs 32,400 Crore Pre-Show Cause Notice on GST</title>
		<link>https://fastnewsglobe.com/infosys-gets-big-relief-dggi-closes-rs-32400-crore-pre-show-cause-notice-on-gst/</link>
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		<pubDate>Sat, 07 Jun 2025 16:14:21 +0000</pubDate>
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					<description><![CDATA[<p>Infosys involved in large software companies have received relief from the pre-show cause notice related...</p>
<p>The post <a href="https://fastnewsglobe.com/infosys-gets-big-relief-dggi-closes-rs-32400-crore-pre-show-cause-notice-on-gst/">Infosys Gets Big Relief, DGGI Closes Rs 32,400 Crore Pre-Show Cause Notice on GST</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
]]></description>
										<content:encoded><![CDATA[<p></p>
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<div class="content_text row description">Infosys involved in large software companies have received relief from the pre-show cause notice related to the Rs 32,403 crore Goods and Services Tax (GST). The Director General of GST Intelligence (DGGI) has stopped the proceedings on this notice given to the company from FY 2018-19 to 2021-22. </p>
<p>Infosys has told the stock exchange in a filing that the matter has ended after getting information from DGGI. The company has said, &#8220;In the context of our communication in July and August last year, we are informing that the company has received information from DGGI to discontinue pre-show causes from FY 2018-19 to 2021-22.&#8221; The company has said that it received a pre-show cause notice from DGGI on the issue of non-payment of IGST for the period from July 2017 to March 2022 under reverse charge mechanism and Infosys responded to this notice. </p>
<p>The company said, &#8220;According to the pre-show causes notice for this period, the GST amount was Rs 32,403 crore. The company was informed about the closure of pre-show causes notice from DGGI in August last year. The matter has ended with the communication of June 6, with the communication of 6 June.&#8221; </p>
<p>In the fourth quarter of the previous financial year, Infosys profit has decreased by about 11.75 percent on a year-on-year basis. The company&#8217;s estimate of growth in revenue for the current financial year is also indicating increasing competition in this sector. Infosys has estimated up to three percent growth in revenue. However, the company&#8217;s margin guidance is estimated at 20-22 percent. In the fourth quarter of the last financial year, Infosys has acquired a profit of about Rs 7,033 crore. This is a decline of about 11.75 percent compared to the same period of the previous financial year. The company has increased by about 7.92 percent to Rs 40,925 crore on a year-by-year basis in the fourth quarter. The figure was Rs 37,923 crore in the same period of the previous financial year. The company had said that Mitsubishi Heavy Industries (MHI) has invested in the Joint Venture Hipus headed by Infosys. This has increased the company&#8217;s presence in Japan. <!--

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		<title>NXTQUANTUM to Soon Launch AI+ Branded Smartphones in India, will be available through flipkart</title>
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		<pubDate>Tue, 03 Jun 2025 17:49:00 +0000</pubDate>
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		<guid isPermaLink="false">https://fastnewsglobe.com/nxtquantum-to-soon-launch-ai-branded-smartphones-in-india-will-be-available-through-flipkart/</guid>

					<description><![CDATA[<p>NXTQUANTUM Shift Technologies will soon launch the AI+ brand of smartphones in the country. These...</p>
<p>The post <a href="https://fastnewsglobe.com/nxtquantum-to-soon-launch-ai-branded-smartphones-in-india-will-be-available-through-flipkart/">NXTQUANTUM to Soon Launch AI+ Branded Smartphones in India, will be available through flipkart</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
]]></description>
										<content:encoded><![CDATA[<p></p>
<div id="center_content_div">
<div class="content_text row description">NXTQUANTUM Shift Technologies will soon launch the AI+ brand of smartphones in the country. These smartphones will be manufactured in India. AI+ brand smartphones will be sold through e-commerce site Flipkart. These can be used in the country developed user interfaces, localized software and hardware. </p>
<p>The company has a <a class="sp_lnk2" href="https://storiesflistgv2.blob.core.windows.net/stories/2025/05/68395196a3291-68395196a3293FINAL-_-Draft-Press-Release-_-AI-Smartphone-Debuts-on-Flipkart_-Made-in-India-Engineered-for-the-Future.pdf.pdf" rel="nofollow noopener" target="_blank">Press release </a>It is said that these smartphones will be made available for sale by the end of June. A microsite has started on Flipkart for these smartphones. Bank offers, exchange discounts and no-cost EMI can be offered to buy AI+ smartphones on Flipkart. NXTQUANTUM Shift Technologies have confirmed that these smartphones will be manufactured in the country including software and hardware parts. These will use the developed user interface, localized software and hardware in the country. </p>
<p>AI+ has also prepared to keep a strict commitment to the privacy of users. These smartphones have claimed to have received Next-Jeanation Mobile Experience. Consumer tech company is Madhav Sheth, founder of NXTQUANTUM Shift Technologies. Sheth, who has a experience of many years in the smartphone industry, has held responsibility as the Chief Executive Officer of Chinese smartphone maker Realme in the country. He is also leading the business of Chinese devices maker Honor in the country. </p>
<p>NXTQUANTUM Shift Technologies has said that the purpose of design and manufacturing smartphones in the country is to provide better and safe mobile experience to users. AI+ smartphones will also ensure digital security as well as privacy of users. More information about these smartphones can be found in the coming weeks. The market of smartphones has increased rapidly in the last few years in the country. However, foreign smartphone companies like Apple, Vivo and Samsung have a big share in this market. Manufacturing of smartphones in the country is also increasing rapidly. Companies like Apple and Samsung have also benefited from the Central Government&#8217;s production-linked incentive (PLI) scheme. These companies of Made in India smartphones are also exporting in large numbers. The government has also planned to promote manufacturing of parts of smartphones. <!--

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<p>The post <a href="https://fastnewsglobe.com/nxtquantum-to-soon-launch-ai-branded-smartphones-in-india-will-be-available-through-flipkart/">NXTQUANTUM to Soon Launch AI+ Branded Smartphones in India, will be available through flipkart</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">34746</post-id>	</item>
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		<title>Made in India iPhones will still be cheaper in us, even if donald trump implements 25 percent tariff</title>
		<link>https://fastnewsglobe.com/made-in-india-iphones-will-still-be-cheaper-in-us-even-if-donald-trump-implements-25-percent-tariff/</link>
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		<pubDate>Mon, 26 May 2025 10:51:43 +0000</pubDate>
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		<guid isPermaLink="false">https://fastnewsglobe.com/made-in-india-iphones-will-still-be-cheaper-in-us-even-if-donald-trump-implements-25-percent-tariff/</guid>

					<description><![CDATA[<p>Despite applying 25 percent tariff in the US on manufacturing iPhones in India, Apple&#8217;s total...</p>
<p>The post <a href="https://fastnewsglobe.com/made-in-india-iphones-will-still-be-cheaper-in-us-even-if-donald-trump-implements-25-percent-tariff/">Made in India iPhones will still be cheaper in us, even if donald trump implements 25 percent tariff</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
]]></description>
										<content:encoded><![CDATA[<p></p>
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<div class="content_text row description">Despite applying 25 percent tariff in the US on manufacturing iPhones in India, Apple&#8217;s total cost will be much less than devices with manufacturing in the US. US President Donald Trump has warned to impose a tariff of 25 percent on iPhones made in India. </p>
<p>A report by the Global Trade Research Initiative (GTRI) states that despite the 25 percent tariff in the US, the cost of manufacturing in India will be low. This report has given this information based on the current value chain of the iPhone of about $ 1,000 (about Rs 85,100). More than 12 countries contribute to this. Apple has the highest $ 450 per device in this value. The company gets a value of its brand, software and design. </p>
<p>The report states that an iPhone of American component manufacturers like Qualcomm and Broadcom is about $ 80, Taiwan&#8217;s chip manufacturing firms, about $ 150, South Korea&#8217;s OLED screen and memory chips are about $ 90 and Japan is a share of about $ 85. Apart from this, Germany, Malaysia and Vietnam get about $ 45 from the supply of small parts. GTRI has reported that India and China get only about $ 30 despite having a large stake in iPhone assembling. This is less than three percent of the retail price of an iPhone. This report said that despite the implementation of 25 percent tariff in the US, it will be cheaper to manufacture iPhones in India. </p>
<p>The major reason for this is the big difference in labor costs in India and America. Workers associated with assembling of smartphones in India get about $ 230 (about Rs 19,180), while in states such as California, the laws associated with the minimum wedge in states like California get a salary of about $ 2,900 (about $ 2,41,800). In this result, an iPhone assembling cost in India is about $ 30 (about Rs 2,500). In the US, this cost will be around $ 390 (about Rs 32,520). Apart from this in India, Apple also gets the benefit of the Central Government&#8217;s production-linked incentive (PLI) scheme on manufacturing iPhone. <br /> <!--

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        Smartphone, Manufacturing, Processor, Demand, Market, Donald Trump, Factory, Tariff, Apple, Government, Cost, Software, iPhone, China, Design, IPhone Manufacturing, Prince&#8217;s    </div>
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<p>The post <a href="https://fastnewsglobe.com/made-in-india-iphones-will-still-be-cheaper-in-us-even-if-donald-trump-implements-25-percent-tariff/">Made in India iPhones will still be cheaper in us, even if donald trump implements 25 percent tariff</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">31081</post-id>	</item>
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		<title>Infosys offers 1 Maonth of Pay, Ticket Fare to Fird Trainees</title>
		<link>https://fastnewsglobe.com/infosys-offers-1-maonth-of-pay-ticket-fare-to-fird-trainees/</link>
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		<dc:creator><![CDATA[Admin]]></dc:creator>
		<pubDate>Mon, 21 Apr 2025 18:26:17 +0000</pubDate>
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		<guid isPermaLink="false">https://fastnewsglobe.com/infosys-offers-1-maonth-of-pay-ticket-fare-to-fird-trainees/</guid>

					<description><![CDATA[<p>Infosys, one of the large software companies, recently excluded around 240 trains. These trainees were...</p>
<p>The post <a href="https://fastnewsglobe.com/infosys-offers-1-maonth-of-pay-ticket-fare-to-fird-trainees/">Infosys offers 1 Maonth of Pay, Ticket Fare to Fird Trainees</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
]]></description>
										<content:encoded><![CDATA[<p></p>
<div id="center_content_div">
<div class="content_text row description">Infosys, one of the large software companies, recently excluded around 240 trains. These trainees were expelled from the company for not passing the test. Infosys has offered these trainees a month&#8217;s salary as well as external training, assomdation and travel allowance. </p>
<p>A media <a class="sp_lnk2" href="https://www.livemint.com/companies/news/infosys-offers-one-month-of-pay-ticket-fare-to-bengaluru-accommodation-and-more-to-240-fired-trainees-report-11745251072167.html" rel="nofollow noopener" target="_blank">Report </a>It has been reported that Infosys has sent an email to about 240 trains recently dismissed and told that he will be paid a month&#8217;s salary. It has been said in this email that free external training will be offered to trainees that have lost jobs. He will also get a travel allowance from Mysuru to the Training Center or his hometown in Karnataka. Their training programs have been tie-up with NIIT and UPGRAD. However, this report could not be confirmed. </p>
<p>These trainees were told by the company that they could not meet the eligibility criteria for the training program and due to this they are being removed. Earlier, hundreds of freshers were trimmed in Infosys. The Union of IT workers had complained to the central government against this trimming. The Labor Ministry of Karnataka had said after a preliminary investigation into the case that Infosys had not violated the rules. Nascent Information Technology Employees Senate (NITES) complained to Minister of Education, Dharmendra Pradhan and Minister of Skill Development and Entrepreneurship, Jayant Chaudhary on the trim of freshers in Infosys. </p>
<p>Recently Infosys reported that she could hiring over 20,000 freshers in the current financial year. In the fourth quarter of the last financial year, the company has acquired a profit of about Rs 7,033 crore. This is a decline of about 11.75 percent compared to the same period of the previous financial year. The revenue in the fourth quarter of Infosys has increased by about 7.92 percent to Rs 40,925 crore on a year-over year basis. The company had said that Mitsubishi Heavy Industries (MHI) has invested in Infosys -led joint venture Hipus. This has increased the company&#8217;s presence in Japan. </p>
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<p>The post <a href="https://fastnewsglobe.com/infosys-offers-1-maonth-of-pay-ticket-fare-to-fird-trainees/">Infosys offers 1 Maonth of Pay, Ticket Fare to Fird Trainees</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">16237</post-id>	</item>
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		<title>TCS accused of discriminating against American workers</title>
		<link>https://fastnewsglobe.com/tcs-accused-of-discriminating-against-american-workers/</link>
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		<pubDate>Thu, 17 Apr 2025 18:25:43 +0000</pubDate>
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					<description><![CDATA[<p>The US Equal Employment Opportunity Commission (EEOC) has started an investigation of this charge. Most...</p>
<p>The post <a href="https://fastnewsglobe.com/tcs-accused-of-discriminating-against-american-workers/">TCS accused of discriminating against American workers</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>The US Equal Employment Opportunity Commission (EEOC) has started an investigation of this charge. Most of the former workers accusing discrimination are more than 40 years of age and non -South Asian origin. They say that TCS had trimmed him but took favor to his Indian colleagues. Some of the Indian workers were working on H-1B visas.<br />
<br /><a href="https://hindi.gadgets360.com/internet/tcs-could-be-in-problem-in-us-for-being-biased-towards-indian-workers-laying-off-americans-news-8190943" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://fastnewsglobe.com/tcs-accused-of-discriminating-against-american-workers/">TCS accused of discriminating against American workers</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">14564</post-id>	</item>
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		<title>Infosys Gets Big Jolt, Revenue Declines 11 Percent, TCS, Microsoft</title>
		<link>https://fastnewsglobe.com/infosys-gets-big-jolt-revenue-declines-11-percent-tcs-microsoft/</link>
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		<pubDate>Thu, 17 Apr 2025 14:08:08 +0000</pubDate>
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		<guid isPermaLink="false">https://fastnewsglobe.com/infosys-gets-big-jolt-revenue-declines-11-percent-tcs-microsoft/</guid>

					<description><![CDATA[<p>Infosys included in large software companies decreased by about 11.75 percent on a year-by-year basis...</p>
<p>The post <a href="https://fastnewsglobe.com/infosys-gets-big-jolt-revenue-declines-11-percent-tcs-microsoft/">Infosys Gets Big Jolt, Revenue Declines 11 Percent, TCS, Microsoft</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
]]></description>
										<content:encoded><![CDATA[<p></p>
<div id="center_content_div">
<div class="content_text row description">Infosys included in large software companies decreased by about 11.75 percent on a year-by-year basis in the fourth quarter of the previous financial year. The company&#8217;s growth estimates for the current financial year also indicates increasing competition in this sector. Infosys has estimated up to three percent growth in revenue. However, the company&#8217;s margin guidance is estimated at 20-22 percent. </p>
<p>In the fourth quarter of the last financial year, Infosys has acquired a profit of about Rs 7,033 crore. This is a decline of about 11.75 percent compared to the same period of previous financial year. The company has increased by about 7.92 percent to Rs 40,925 crore on a year-by-year basis in the fourth quarter. The figure was Rs 37,923 crore in the same period of the previous financial year. The company has reported that Mitsubishi Heavy Industries (MHI) has invested in the Joint Venture Hipus headed by Infosys. This has increased the company&#8217;s presence in Japan. </p>
<p>&#8220;Japan is a strategic market for the company for the company, CEO of Infosys BPM, Anantha Radhakrishnan. The company&#8217;s reliable alliance with Customers in Japan from collabing with MHI has strengthened.&#8221; The company has said that in the current financial year it can hiring more than 20,000 freshers. The salary of the company&#8217;s workers will increase this month. </p>
<p>Recently, hundreds of freshers were trimmed in Infosys. The Union of IT workers had complained to the central government against this trimming. Earlier, the Labor Ministry of Karnataka said after preliminary investigation into the case that Infosys had not violated the rules. Nascent Information Technology Employees Senate (NITES) complained to Minister of Education, Dharmendra Pradhan and Minister of Skill Development and Entrepreneurship, Jayant Chaudhary on the trim of freshers in Infosys. NITES had alleged that Infosys had joined the new graduates under the National Apprenticeship Training Scheme (NATS) in October last year. The legally bound apprenticeship contracts were contract with these workers. However, Infosys has removed these freshers without following the legal process by violating the Apprenticeship Act. <br /> <!--

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<p>The post <a href="https://fastnewsglobe.com/infosys-gets-big-jolt-revenue-declines-11-percent-tcs-microsoft/">Infosys Gets Big Jolt, Revenue Declines 11 Percent, TCS, Microsoft</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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		<title>Big Employment Opportunity in It Sector, TCS to Hire 42,000 Freshers, Infosys</title>
		<link>https://fastnewsglobe.com/big-employment-opportunity-in-it-sector-tcs-to-hire-42000-freshers-infosys/</link>
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		<pubDate>Fri, 11 Apr 2025 13:47:28 +0000</pubDate>
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					<description><![CDATA[<p>Tata Consultancy Services (TCS), the country&#8217;s largest software company, will hire 42,000 freshers in the...</p>
<p>The post <a href="https://fastnewsglobe.com/big-employment-opportunity-in-it-sector-tcs-to-hire-42000-freshers-infosys/">Big Employment Opportunity in It Sector, TCS to Hire 42,000 Freshers, Infosys</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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<div class="content_text row description">Tata Consultancy Services (TCS), the country&#8217;s largest software company, will hire 42,000 freshers in the current financial year. At the end of the last financial year, the total number of employees of the company was 6,07,979. In the fourth quarter, TCS has added 625 employees. In the last financial year, the company hired about 42,000 trainees. </p>
<p>TCS Chief Human Resources Officer, Milind Lakkad reported that the company hired about 42,000 trains in the last financial year. In the current financial year, this number will be similar or something more. He said that the increase in salary of employees will be decided according to the environment of business. Milind reported that the company is also considering hiring talent for skills related to new technology. He said that Artificial Intelligence (AI) will not have an impact on the company&#8217;s hiring. TCS hopes that the current financial year will be better than the previous financial year based on the order of the order book. </p>
<p>The company believes that the tariffs imposed on many countries by the US government may have an impact on business. The contract to upgrade 4G network of government telecom company Bharat Sanchar Nigam Limited (BSNL) to 5G is also with TCS BSNL has a target to start around one lakh 4G sites by the middle of this year. After this, the company&#8217;s 5G network will be launched. </p>
<p>Recently, NG Subramaniam, NG Subramaniam, said, &#8220;After selecting bands and special sites for BSNL&#8217;s 5G, TCS will upgrade. We have displayed this ability,&#8221; that we have displayed this ability, &#8221; Is.&#8221; TCS has supplied radio equipment for BSNL&#8217;s 4G network. This equipment can be updated to 5G with upgrade to software. BSNL tendered for more than 1,800 5G sites in the Delhi-NCR region. Three companies &#8211; Tejas Networks, Lekha Wireless and Galore Network were bid for this tender. Tata Sons has a major stake in Tejas Networks. The TCS -led consortium, which is installing 4G sites for BSNL, also includes Tejas Networks. <!--

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        <strong>Also read: </strong><br />
        Software, Mobiles, It, Demand, Market, Hiring, TCS, 4G, Equipment, 5G, Tender, BSNL, Telecom, America, Government, Pries    </div>
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<p><a href="https://hindi.gadgets360.com/internet/big-employment-opportunity-in-it-sector-tcs-to-hire-42000-freshers-infosys-news-8141699" target="_blank" rel="noopener">Source link </a></p>
<p>The post <a href="https://fastnewsglobe.com/big-employment-opportunity-in-it-sector-tcs-to-hire-42000-freshers-infosys/">Big Employment Opportunity in It Sector, TCS to Hire 42,000 Freshers, Infosys</a> appeared first on <a href="https://fastnewsglobe.com"></a>.</p>
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